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This post is also available in: 简体中文 (Chinese (Simplified)) A Step by Step Guide to Prepare a Balance Sheet for Companies Companies normally prepare a balance sheet every month or on a quarterly basis; the time depending on the frequency of reporting. Well, whichever one it is, you should be careful about creating the sheet…
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This post is also available in: 简体中文 (Chinese (Simplified)) What Is the Best Way to Make a Will? 3E Accounting Has the Answer All wills in Singapore are governed by the Wills Act. If you’re planning to prepare a will, this guide is a must-read before you begin. What You Need to Know About…
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This post is also available in: 简体中文 (Chinese (Simplified)) Important Steps to Ensure Your Will is Accessible to the Executor Where you store your will is an important consideration. This is because you want your will to be easily accessible to the executor. It ensures unnecessary delays can be avoided. For a will to be…
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This post is also available in: 简体中文 (Chinese (Simplified)) Allocating Your Overseas Assets in Your Singaporean Will Preparing a will is tough enough. Add overseas assets into the mix and it can be a little more challenging. How do you include these assets in your Singapore will? Can I Include Assets Abroad in My…
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This post is also available in: 简体中文 (Chinese (Simplified)) Singapore and SMEs Bidding for Government Contracts SMEs play an important contribution to the wealth and stability of Singapore’s economic status. Two-thirds of its employees are coming from SMEs and contribute to almost $200b. With that being said, qualified contractors and subcontractors have a large number…
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This post is also available in: 简体中文 (Chinese (Simplified)) Variable Capital Company Benefits in Singapore The Variable Capital Company (VCC) is Singapore’s newest and legal means for an investment fund to be domiciled in the country. It was just launched last October 2018. The Accounting and Corporate Regulatory Authority (ACRA), together with the Monetary Authority…
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This post is also available in: 简体中文 (Chinese (Simplified)) 3E Accounting Singapore Virtual Interviews & Increased Internship Opportunities Interns were among the first casualties when Covid-19 disrupted businesses in March 2020. Business owners went into emergency mode to focus their energies to either revive revenues or cut cost. As a result, they cancelled most of…
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